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So-called carried interest, the cut of a fund's investment gains earned by its managers, enjoys a favorable tax treatment.
Ask Brazil or, indeed, Thailand, which just imposed a 15 percent withholding tax on interest and capital gains earned by foreign investors on Thai bonds.
This perhaps would be the greatest tragedy of all: if the gains earned in Helmand by the coalition since 2006 were lost because of a lack of will.
The situation is a reversal from the late 1990's, when funds were sitting on gains earned in the long bull market.
She pleaded guilty to a misdemeanor tax offense in 2004 for failing to report some gains earned from Mr. Fastow's accounting fraud.
Congress permits companies to move their headquarters outside the United States, but it requires shareholders to pay taxes on capital gains earned until that time.
Similar(41)
In fact, Bain Capital — like other private equity firms — was founded and managed for profit: ideally, huge amounts of gain earned legally and legitimately.
"Pain & Gain" earned a CinemaScore of C+ from moviegoers this weekend.
Even an investor in the 15percentt bracket would gain, earning a yield equivalent to a taxable 3.65percentt.
Long-term gains have been given lower tax rates than short-term gains or earned income, because the government had a motive.
Excluding these gains, Agilent earned 32 cents a share, equal to the First Call consensus estimate.
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